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India an important export hub for auto sector

2018-08-01T13:03:18+00:00August 21st, 2017|2017/2018, August 2017, Cover Feature/Auto, Year|

Y.K. Koo, as Managing Director & CEO of Hyundai Motor India Limited (HMIL), is in the driving seat of one of the leading automotive giants in India. ‘India Global Business’ explores his vision for the Indian market, plans for the country as an exports hub and R&D plans for the region. How important is India for Hyundai globally, as a market and as a production hub? India has emerged as an important automotive market and offers huge growth potential for [...]

India emerges as hub for small cars, bikes and even heavy duty trucks

2018-08-01T13:10:04+00:00August 18th, 2017|2017/2018, August 2017, Cover Feature/Auto, Year|

Country’s robust automobile manufacturing base is now churning out cars and bikes for diverse geographies from Latin America, Africa to East Asia and Australia. In fiscal 2016, India exported more cars across the world than China. On the one hand, it does not mean much. In the overall list of top car exporters, India still ranks a poor 20th. Even among emerging economies in Asia, it is behind Thailand. Yet, overtaking China has its own importance. It is the world’s [...]

India: An emerging global manufacturing hub for the auto industry

2018-05-30T12:01:10+00:00August 18th, 2017|2017/2018, August 2017, Cover Feature/Auto, Year|

From a non-existent base 40 years ago, the Indian auto industry has come a long way, writes an industry expert. Today, India is one of the largest auto industries in the world with an annual production of 25.3 million vehicles, significantly above conventional automotive superpowers such as the US (17.5 million vehicles) and the EU (12.6 million vehicles). The sector directly contributes $97 billion to the Indian economy with automobiles contributing $58 billion and the automotive component sector contributing $39 [...]

Is pure electric the right solution for future mobility in India?

2018-05-30T11:47:40+00:00August 17th, 2017|2017/2018, August 2017, Cover Feature/Auto, Year|

An industry expert weighs up this question against data that reflects that nearly 40 to 50  per cent of the $40-billion turnover of the auto component industry comes from the internal combustion (IC) engine powertrain industry. A rapidly changing powertrain technology landscape, stricter regulations, shifting customer preferences, increasing demand for connectivity and digitisation have become important factors for shaping the future of mobility. The Niti Aayog recently unveiled the vision document for the Indian automotive industry ‘India Leaps Ahead – [...]

Driving innovation in Formula 1

2018-05-30T11:12:42+00:00August 16th, 2017|2017/2018, August 2017, Cover Feature/Auto, Year|

Tata Communications is at the heart of Formula 1 with a high-tech collaboration, writes a company insider. F1 is the world’s most technologically advanced sport, and one where every millisecond matters. Whether it’s transmitting data from one of the hundreds of sensors on an F1 car back to the pits, or delivering the action in real-time via an online feed to millions of fans around the world, in this high-pressure, high-tech environment, superfast connectivity is critical. Tata Communications is at [...]